since the weekly reversal in favor of bears for AMEX:MJ etf and cannabis stocks, the daily bounce has turned back downward, and is approaching recent multi week lows.
this set of oscilatiry trend regularity indicators show when there is potential for retracement in the opposite direction should these levels hold.
112.15 ENTRY PRICE.
100.94 10% STOP LOSS.
117.76 5% TARGET.
123.37 10% TARGET.
Volume 100%.
200 sma inclining showing uptrend.
RSI above 50 level.
Price had a brief 3 bearish candle pullback that stayed above 20 sma.
Current price candle was a large body bullish reversal candle.
Price created a new high.
10.63 ENTRY PRICE
9.57 10% STOP LOSS
11.16 5% TARGET
11.69 10% TARGET
RSI above + 50 & 70 levels with a steep incline.
Volume is at 100% +++.
200 sma on an incline showing uptrend.
Price stayed above 50 sma with a brief bearish pullback.
Current Price is a strong large body bullish reversal candle.
Hello everyone!
After a few days of Bitcoin crazy bull rage, we can finally see the Bears turning the tables for a bearish pullback. Price just broke a strong intra-day trendline that supported the bulls... until today. Adding on to that, a bearish symmetric triangle that just pushed the price to the downside, suggesting an intraday downtrend is starting. Another...
RULES FOR BIG 3 INDICATOR.
Add 20, 40 , and 80 sma to chart.
Step 1 - Bullish uptrend with price above all 3 ma's.
Step 2 - Bearish Pullback with Price below 20 sma .
Step 3 - ENTER TRADE when Bullish Reversal Candle Closes.
Step 4 - SL below the current swing low.
Step 5 - Close trade when Big 3 Indicator changes color of the column to Yellow or Red.
Day Candle shows Bullish setup.
4H candle shows Bullish setup.
15m candle shows BULLISH ENTRY SETUP.
Watch for a current
Bullish Reversal
candle close pattern on
15m candle @ 137.74 then BUY
DAY CANDLE SHOWS BULLISH SETUP
4H CANDLE SHOWS BEARISH PULBACK SETUP
15M CANDLE ENTRY BULLISH SETUP
Watch for a current
Bullish Reversal
candle pattern on
15m candle then BUY
RULES FOR BIG 3 INDICATOR.
Add 20, 40, and 80 sma to chart.
Step 1 - Bullish uptrend with price above all 3 ma's.
Step 2 - Bearish Pullback with Price below 20 sma.
Step 3 - ENTER TRADE when Bullish Reversal Candle Closes.
Step 4 - SL below the current swing low.
Step 5 - Close trade when Big 3 Indicator changes color of the column to Yellow or Red.
Price had a previous bullish trend
Price took a break with a bearish pullback
STE Pulse bars showed a dark green color during this pullback
STE Pulse bars came to the zwero line which is a decision point for price
Price could continue it bearish move
Then the STE bars would cross below the zero line and become a bright red color
OR
Price could bounce off the...
